BENTONVILLE, Ark.—Walmart plans to hire 40,000 additional employees in a variety of seasonal and full-time roles in preparation for the holiday shopping season.
The roles include seasonal store associates, full, permanent truck drivers and customer-service associates at Walmart call centers. Walmart is also offering additional hours to current employees if they want to earn extra money.
Walmart offers its employees 100% tuition reimbursement and says that on average, entry-level associates are promoted to positions of higher wages and more responsibility in seven months. Seventy-five percent of Walmart’s U.S. salaried management team in stores, clubs and supply chain began their careers as hourly associates, including CEO Doug McMillon and Walmart U.S. CEO John Furner.
Other benefits for Walmart employees include low-cost medical coverage, no-cost counseling sessions, PTO and a 401(k) match and an associate stock purchase plan match for qualified employees, among other benefits. Walmart offers hourly starting pay of $17 or more on average.
A recent student by the Federal Reserve Bank of New York found that satisfaction with nonwage benefits and with promotion opportunities at respondents’ current jobs improved by 0.6 and 3.0 percentage points to 63.2% and 49.5%, respectively. However, satisfaction with wage compensation at respondents’ current jobs deteriorated. Satisfaction with wage compensation was down to 56.9% from 58.2% in July 2021.
NACS has partnered with The Good Jobs Institute on how c-store operators can provide “good jobs,” which meet people’s basic needs and offer conditions for engagement and motivation. The Good Jobs Calculator, designed exclusively for NACS members and the convenience industry, allows retailers to use their own data and customized assumptions about the amount of improvement or uplift achievable, so executives can run scenarios on the bottom-line impact of a Good Jobs system.
Additionally, in the NACS Magazine article “Understanding Your Local Labor Landscape,” NACS provides tips on building an effective employee value proposition.
Two education sessions at the 2022 NACS Show in Las Vegas explore timely HR issues: Make Your Employer Brand Stand Out and Winning the War for Talent. Both are set for the morning of October 3. Register now to attend the NACS Show, October 1-4 at the Las Vegas Convention Center.